Sunday, September 23, 2012

Boeing to acquire eXMeritus - Dayton Business Journal:

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which sells secure hardwarwe and software to the government and lawenforcemenft organizations, for an undisclosed sum. Executives at Boeing BA) say the purchase will help extend its abilith to serve the federal cybefr security andintelligence markets. “Th e addition of eXMeritus to our team is a strong enhancement to the Boeinbg capabilities developed through years of experiencwe on secure networks for some of the most complex system in national security said Boeing Integrated Defense Systeme President and CEOJim Fairfax-based eXMeritus is the fourthy company that Boeing will add to its security-- and intelligence-related lines of business since 2008.
Last year Boeing acquire d Germantown, Md.-based Digital Receiver Herndon, Va.-based Ravenwing and D.C.-based . founded in 2000, will add fewer than 30 employeesto Boeing’s Integrateed Defense Systems’ Network and Spacre Systems unit. The company’s products are certifies and accredited bythe U.S. government to operate on the government’s trustexd systems. Boeing said the transaction, expectedc to close by the endof won’t affect Boeing’s financial Boeing’s Integrated Defense Systemsx unit, headquartered in St. Louis, is a $32 billiob business with 70,000 employees worldwide.

Saturday, September 22, 2012

Fed report: Texas manufacturing still weak - Houston Business Journal:

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The report said 53 percenf of manufacturing executives surveyed reported weaker market conditions in March and 43 percent said they experiencer no improvementfrom February. the report indicates hope for themonthx ahead. “Several indicators of futuree activity suggest thatthe region’s manufacturers expect declines in factory activit y to ease over the next six the Federal Reserve Bank of Dallas said in its latest report on manufacturing.
“Indexes for future production, capacith utilization, shipments, new orders and growtnh rate of orders improved modestly for the fourthconsecutive month, and 40 percent of manufacturingh executives foresee increases in production six monthsa from now.” Labor remains a trouble the report says, with demand for labotr in manufacturing remaining weak. More than half of the firmsw surveyed said they implemented job cuts and the averages workweek fell for employeesin March, the Fed report The industry also noted that downward price pressures with 50 percent noticing a drop in inpuy prices and 34 percent selling theird goods for lower prices.
In addition, the reportt says the index for materials inventoriesz fell to its lowest reading since the survey first begamnin 2004, with 30 percent of manufacturers noting decline s in their finished goods the report said.

Thursday, September 20, 2012

Mallogs Tico to take victory in Raymond Mulvaney Bookmaker A3 525 Semi-final ... - bettor.com (blog)

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Mallogs Tico to take victory in Raymond Mulvaney Bookmaker A3 525 Semi-final ...

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Mallogs Tico to take victory in Raymond Mulvaney Bookmaker A3 525 Semi-final at Shelbourne Park. Mallogs Tico delivered a unique performance in the opening round of Raymond Mulvaney Bookmaker A3 525 last week. Despite a few very powerful rivals ...



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Wednesday, September 19, 2012

BMP Sunstone to be Featured on SIG's 'China Healthcare On Call' Conference Call Series

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June 3 /PRNewswire-Asia-FirstCall/ -- BMP Sunstone Corporation BJGP) ("BMP Sunstone" or the "Company") today announced that it will be featurefd on SusquehannaFinancial Group's upcoming "China Healthcare On Call" conference call series to discuss the impac t of China Healthcare Reformn and the Company's growth strategy going The series will be hosted by Ding Ph.D., SIG's senior analyst covering China's Healthcare Industry, and is scheduledf to occur on Friday, June 5, at 10:00 am ET.
Pleasew contact Integrated Corporate Relations at 203682 8200, or contac t your SIG sales person or email for live conference call A replay of the call will be made accessible at pin: 874155, until August 5, 2009. BMP Sunstonre Corporation is a specialty pharmaceutical companu that is building a proprietary portfolio of brandedr pharmaceutical and healthcare productsin China. Currently this portfoli o includes eight products underexclusive multi-year licensess for China, primarily focused on women'ws health and pediatrics. The Companh also owns SunstonePharmaceutical Co. Ltd.
, which manufacturexs leading pediatricand women's health products, including two of China's most recognizedc brands, "Hao Wawa" and "Confort,"" sold through approximately 120,000 pharmacies in China. The Company also providex pharmaceutical distribution services through its subsidiariew in Beijingand Shanghai, and through its affiliate, Guangzhou Pharmaceuticald Corp. The Company has its main officeein Beijing, with a US officr in Plymouth Meeting, PA. For more information, please visit .

Tuesday, September 18, 2012

Stock deal at portfolio firm frees up cash for Safeguard Scientifics - Philadelphia Business Journal:

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million in cash, and freed up another $12.w3 million in cash due to one of its portfolio companiee completing the second part of a privated placement of convertiblepreferred stock. Safeguard, a Wayne, Pa., investor in information-technolog and life-sciences companies, received $19. 5 million in cash from , which had borrowed that much ona $30 milliobn mezzanine debt facility it had with Safeguard (NYSE:SFE). The second part of Clarient’d private placement extinguished the debt andreleased $12.
3 million in cash that Safeguarxd had put up as collateral to suppor its guarantees of Clarient’s and eliminated Safeguard’s remaining commitments to provids additional capital to Clarient (NASDAQ:CLRT). The second part of the privatr placement wasfor $10.9 millionn and closed Thursday. The first for $29.1 million, closeds March 26. , a Westport., Conn.-base d venture capital firm, may stillp purchase another $10 million in convertible preferred stocko from Clarient in the private Safeguard said the private placement gives Oak effective control of approximately 21 percenttof Clarient’s outstanding shares, reducing Safeguard’s stakee to 47 percent of Clarient’s outstanding shares.
It also allowsz Clarient to extinguish all itsoutstanding debt, otherf than for receivable financing, providesx Clarient with additional working capital, and propels Clarient towardf its goal of achieving profitability in 2009 by eliminatingg interest expense, fees and amortization for the remainder of the Safeguard said. Clarient (NASDAQ:CLRT) provides anatomic pathology and molecularf testing servicesto pathologists, oncologist s and the pharmaceutical industry. It’s based in Alisl Viejo, Calif.

Sunday, September 16, 2012

UAW Local 31 approves GM concessions - Kansas City Business Journal:

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UAW Local 31’s members votecd for the concessions by roughly 63 percenty to37 percent, President Jeff Manning GM’s has about 2,100 union and about 300 salaried workers. The vote comees the day after GM’e bid to stave off its bondholders came up pushing the company closer to abankruptcy filing. GM said Tuesdat that its offer to bondholders totrade $27.2 billioh of unsecured debt for company stock failed to satisfhy the debt-reduction requirement in its loan agreements with the . The Detroig automaker (NYSE: GM) confirmed that the principap amount of notes tendered was substantially less than the amountgGM required. The offedr to bondholders expiredat 10:59 p.m. Tuesday.
The company’w board will meet to discusas thenext step, which many analysts expecyt to result in a bankruptcyu filing. The federal government already has loaned GM morethan $19 GM faces a government-imposed Mondah deadline for coming up with an acceptable plan for survivingv the economic crisis or filint bankruptcy.

Saturday, September 15, 2012

Fires near Montacute at Adelaide Hills and Burra in South Australia's Mid ... - Herald Sun

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ABC Online


Fires near Montacute at Adelaide Hills and Burra in South Australia's Mid ...

Herald Sun


CFS firefighters have also extinguished a blaze that started in the centre of Burra, behind the council chambers and near the Paxton cottages, just before 2.30pm. The fires come as residents have been warned to prepare for extended power outages as a ...


Bushfires in Adelaide Hills

Sky News Australia



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